NORTH AMERICAN RIG WATCH | September 28, 2012

Schlumberger (Smith) STATS

STATS shows 1,806 active rigs as of September 28, 2012, down -17 rigs from a week ago. Oil rigs decreased by -15 (ht: +6, vt-dir: -21.) and total gas rigs decreased by -2 (ht: -9, vt-dir: +7). Horizontal oil rigs increased by +7 and +4 in Permian (NM) and Bakken (ND) to 42 and 201, respectively. Horizontal oil rig count decreased by -4 in Eagle Ford (TX) from its record high last week. Permian (TX) and “Other” both lost -8 Vertical/Directional oil rigs. Horizontal gas rigs decreased by -4 i.....

DOE CRUDE STATS | September 26, 2012

September 26, 2012

U.S. crude oil inventories declined by -2,446k bbl in the week ended September 21, while Cushing stocks decreased by -83k bbl. Distillate inventories decreased by -482k bbl and gasoline inventories fell by -481k bbl. Please find attached this week’s detailed statistical report. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website (www.lcmc-research.c.....

CFTC COT | September 21, 2012

Commitment of Traders Report - September 21, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 18. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length expanded across the petroleum complex during the week ended September 18. Non-commercial net length in WTI is at the highest level since March 13 .....

OIL PRICE MONITOR | September 21, 2012

September 21, 2012

Attached is this week’s Oil Price Monitor, which provides an overview of global oil market activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, crude loadings, and weekly DOE EIA data.

NORTH AMERICAN RIG WATCH | September 21, 2012

Baker Hughes

Baker Hughes shows 1,856 active rigs as of September 21, 2012, down -5 from a week ago. Oil rigs went down by -11 (ht: +9, vt-dir: -20) and total gas rigs went up by +6 (ht: +7., vt-dir: -1). Horizontal oil rigs went up by +6 in Permian (TX) and +3 in Bakken (MT), while going down by -2 in Bakken (ND). Vertical/directional oil rigs went down by -12 in Permian (TX) and -6 in Monterey (CA). Horizontal gas rigs went up +5 in “Other” region and went up +3 each in Barnett (TX) and Marcellus ( NE.....

NORTH AMERICAN RIG WATCH | September 21, 2012

Schlumberger (Smith) STATS

STATS shows 1,823 active rigs as of September 21, 2012, down -7 rigs from a week ago. Oil rigs decreased by -1 (ht: -1, vt-dir: unch.) and total gas rigs decreased by -6 (ht: +1, vt-dir: -7). Eagle Ford (TX) recorded its highest horizontal oil rig count this week, (up +9 to 204). Six horizontal oil rigs moved from Anadarko (OK) to Anadarko (TX) ending the week at 110 and 26, respectively. Horizontal oil rigs went down by -5 in “Other” Texas. Horizontal gas rig counts went down by -3 in Eag.....

DOE CRUDE STATS | September 19, 2012

September 19, 2012

U.S. crude oil inventories surged by +8,534k bbl in the week ended September 14, while Cushing stocks decreased by -274k bbl. Distillate inventories decreased by -322k bbl and gasoline inventories dropped by -1,407k bbl. Please find attached this week’s detailed statistical report. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website (www.lcmc-resear.....

CFTC COT | September 14, 2012

Commitment of Traders Report - September 14, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 11. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length in WTI climbed to the highest level since May 1 this year during the week ended September 11. The price of WTI rose +2% from September 4 to reac.....

OIL PRICE MONITOR | September 14, 2012

September 14, 2012

Attached is this week’s Oil Price Monitor, which provides an overview of global oil market activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, crude loadings, and weekly DOE EIA data.

NORTH AMERICAN RIG WATCH | September 14, 2012

Baker Hughes

Baker Hughes shows 1,861 active rigs as of September 14, 2012, unchanged from a week ago. Oil rigs went up by +4 (ht: -2, vt-dir: +6) and total gas rigs went down by -4 (ht: unch., vt-dir: -4). Horizontal oil rigs went down by -6 in Bakken (ND) and -4 in Permian (NM), while going up by +5 in Eagle Ford (TX) and +1 in Permian (TX). Vertical/directional oil rigs went up by +4 in Permian (TX). Horizontal gas rigs went down by -1 in Barnett (TX), Haynesville (TX), and Marcellus ( NEPA ), while go.....